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Economy

“The U.S. has thrown more than $6 trillion at the coronavirus crisis. That number could grow.”

April 22, 2020

“In late February, the Trump administration said it planned to spend $2.5 billion to fight the coronavirus. A month and a half later, President Trump signed off on spending almost a thousand times as much — $2.35 trillion. And that amount… Continue Reading…

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Economy

“More than 2,100 U.S. cities brace for budget shortfalls… many planning cuts and layoffs”

April 14, 2020

“More than 2,100 U.S. cities are anticipating major budget shortfalls this year and many are planning to slash programs and cut staff in response, according to a new survey of local officials released Tuesday… Nearly 9 in 10 cities surveyed… Continue Reading…

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Stocks

“Wayfair stock soars 38% as business more than doubles…”

April 6, 2020

“Wayfair Inc. stock soared 38.3% in Monday premarket trading after the e-commerce home retailer said business skyrocketed amid the coronavirus pandemic. Wayfair went into March with gross revenue up just below 20%, consistent with January and February. However, business more… Continue Reading…

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Business, Economy

“Small business confidence rises, signaling a more positive outlook for the US economy”

February 20, 2020

“Small business sentiment is on the rise to kick off 2020, with confidence nearing all-time highs, according to data from CNBC and SurveyMonkey. The CNBC/SurveyMonkey Small Business Confidence Index climbed two points in the first quarter, from 59 to 61, as… Continue Reading…

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Economy

“Economists are even more optimistic about the US economy”

January 28, 2020

“The National Association for Business Economics said in a survey released Monday that 67% of respondents expect America’s gross domestic product — the most complete measure of the nation’s economy — to grow by 1.1% to 2% this year. A… Continue Reading…

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Economy

“World’s richest 2,000 people hold more than poorest 4.6 billion combined: Oxfam”

January 21, 2020

“The world’s richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid work by women and girls adds three times more to the global economy each year than the technology industry, Oxfam… Continue Reading…

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Business

“Good News! The Most Punctual Airlines of 2019 are Even More On-Time than in 2018 “

January 20, 2020

“… ANA All Nippon Airways All Nippon Airways (or ANA) was already the most punctual of those 10 airlines in 2018. They managed to improve their on-time performance by 2.08 points, from 85.26% in 2018 to 87.34% during the first… Continue Reading…

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Personal Finance

“How to get out of debt and save more money in 2020”

January 3, 2020

“…Goal #1: Paying down credit card debt Credit card debt is the most expensive kind of debt — significantly costlier than borrowing money to go to college, buy a car or even purchase a house. The average credit card interest… Continue Reading…

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Banking, Economy

“Decade of Debt: Federal Debt Up More Than $10 Trillion in 2010s”

January 1, 2020

“The federal debt increased by a record $10,796,419,662,320 in the decade that is coming to a close today, according to data published by the U.S. Treasury. This was the first decade in the history of the nation when increases in the federal… Continue Reading…

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Economy

“…World’s Richest Gain $1.2 Trillion”

December 31, 2019

“…the richer they were at the start of the year, the richer they got. The world’s 500 wealthiest people tracked by the Bloomberg Billionaires Index added $1.2 trillion, boosting their collective net worth 25% to $5.9 trillion… Leading the 2019… Continue Reading…

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